SunGard Named a Top Solutions Provider in the 2011 FinTech Rankings

WAYNE, Pa., Oct. 13, 2011 /PRNewswire/ -- SunGard has been named a preferred vendor to the financial services industry in the annual Financial Technology (FinTech) 100 Rankings, published by American Banker, Bank Technology News, and IDC Financial Insights. SunGard has consistently ranked in the top five since the inception of the award in 2003.

The FinTech 100 is a ranking of the top 100 global application/service providers in financial services. All application categories specific to banking functions are included in this list such as core processing, branch, teller, ATM, credit card, mortgage origination, online banking, collections, cash management, trade finance, treasury services and funds transfer. The ranking of the top vendors is categorized and evaluated based on calendar year-end revenues and the percentage of revenues attributed exclusively to financial services. Data is gathered from surveys completed by vendors, as well as original research and market analysis conducted by IDC Financial Insights.

"The FinTech 100 has become the industry standard for measuring success among the world's leading technology providers to the financial services industry," said Karen Massey, senior analyst, banking practice, IDC Financial Insights. "It is impressive that SunGard has maintained its position in the top 5 for the eighth consecutive year, demonstrating its importance to our industry."

Harold Finders, chief executive officer, SunGard Financial Systems, said, "Colossal shifts in the financial services industry continue to drive changes in regulation, technology and management. SunGard is focused on helping customers capitalize on these changes and grow, by helping them increase transparency and efficiency and leverage business process networks."

About SunGard Financial Systems

SunGard Financial Systems provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry. The primary purpose of these systems is to automate the many detailed processes associated with trading, managing investment portfolios and accounting for investment assets. These solutions address the processing requirements of a broad range of users within financial services, including asset managers, traders, custodians, compliance officers, treasurers, insurers, risk managers, hedge fund managers, plan administrators and clearing agents. In addition, we also provide professional services that focus on application implementation and integration of these solutions and on custom software development.

About SunGard

SunGard is one of the world's leading software and technology services companies.  SunGard has more than 20,000 employees and serves more than 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, visit www.sungard.com.

Trademark Information: SunGard and the SunGard logo are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

For more information, contact:
Adriana Senior
SunGard
Tel:  +1 718-578-1130
Email:  [email protected]

SOURCE SunGard